420 Largest Banks Demand 1-world currency

The Institute of International Finance, a group that represents 420 of the world's largest banks and finance houses, has issued yet another call for a one-world global currency, Jerome Corsi's Red Alert reports.

"A core group of the world's leading economies need to come together and hammer out an understanding," Charles Dallara, the Institute of International Finance's managing director, told the Financial Times.

An IIF policy letter authored by Dallara and dated Oct. 4 made clear that global currency coordination was needed, in the group's view, to prevent a looming currency war.

With the "rest of the world's Socialistic tendencies", I'd personally like to see them all do whatever the Hell they want and LEAVE THE USA OUT OF IT! America will not benefit... we are the primary PAYER/SUCKER.

Couldn't care less if the world wants to be "One".. Communist or other.. just not the US.

America needs leaders to promote and reflect America's status.

And Odumba... with his "global resitribution of wealth" ideologies... can EAT SHIT AND KISS MY HONKEY-WHITE ASS!

(As y'all can probably deduce... I won't be voting the Democrat ticket in November... )

This is a load of bollox... If you actually read the IIF policy letter, you'll find that it's a rather tame call for more of the same, i.e. appreciation of the yuan, more fiscal consolidation in the West, increase in domestic demand in surplus countries, etc etc. There is nothing whatsoever in there to suggest that they're advocating the idea of a single world ccy.

You shouldn't believe everything you read on the Internet, you know... Who's this Jerome Corsi character? Sounds like a bit of a coconut to me, no?

This is a load of bollox... If you actually read the IIF policy letter, you'll find that it's a rather tame call for more of the same, i.e. appreciation of the yuan, more fiscal consolidation in the West, increase in domestic demand in surplus countries, etc etc. There is nothing whatsoever in there to suggest that they're advocating the idea of a single world ccy.

You shouldn't believe everything you read on the Internet, you know... Who's this Jerome Corsi character? Sounds like a bit of a coconut to me, no?

The people are automatically choosing a one world currency, it's called gold. The Governments of the world know this, so they need a new fiat currency to stop the move in to gold.

It's a confidence game, fiat money is eventually found out to be the device for which it was designed - theft. Once the exodus to sound money (in the form of gold) begins, the market choices of these people will be directly attacked by the controllers, be it by outright law or regulation, in their minds it must be stopped.

The controllers derive all their power from public opinion; every form of illusion is employed to mask every theft imaginable.

But, the public opinion is changing against all current fiat moneys of the world, this is why there is such a desperate rush to form a new 'one fiat currency', and a world government along with it. When the appearance and justification for arbitrary authority runs out the current authoritarians must make a home higher than before, under great and grand pretexts.

Speaking of pretexts, the UN is on the verge of outright irrelevance at the moment, especially due to the climate fraud debacle and its inability to make a "world climate regime" a reality. Clearly the efforts have failed to bring the desired goal. But, the authoritarians in that body will not simply submit and dissolve, never; So that leaves one avenue; there must be a greater deception, a bigger pretext to justify its existence.

If they can force a world currency, it will be the mother of all bailouts, paid for by the worlds productive to keep the parasite class with us and growing.

1 world currency is not a conspiracy theory. The whole of Europe which was at total war a mere 60 years ago can adopt one single currency, why not most of the world? thats a precedent right there.

The fed has exported its policy to China via the currency peg, politically and militarily the USA might be closer to Europe, but economically, the USA and China have achieved much greater inter-dependence. In effect, the two economies have become one. Economic theory tells us, first the customs union, then the monetary union and finally political union.

A Sino-American currency and alliance is the end of history as we know it, it will yield hegemony over this planet earth for all time, there is no entity in this world that can take on this behemoth, not the EU not India, not anybody.

It's hard to read a map when its painted all the same color. Just the same, Stimulating an economy would be extremely difficult if a single currency were to exist during a single or series of Macro events which had negative consequences.